Granite Oil Corp is a Canada-based junior oil producer that owns and operates Alberta Bakken oil pool in southern Alberta discovered by Granite. The Companyâ€™s Alberta Bakken oil pool stretches over a 30-mile fairway, and produces medium-gravity (30-32Â° API), crude oil. It has produced over 6.0 million barrels of crude oil, and has achieved production rates in excess of 4,000 barrels of oil per day.

Employees

Sector

Oil & Gas Exploration and Production

More about the company

Delayed Toronto S.E. 15:21:05 2020-03-09 EDT			5-day change	1st Jan Change
0.9400 ^CAD	-.--%		+1.08%	+44.62%

20-03-04	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20-01-19	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI

Market Cap	25.39M 21.92M 20.56M 18.73M 35.22M 2.43B 35.71M 241M 94.46M 1.22B 95.32M 93.26M 4.05B	P/E 2017	-19.2x	P/E 2018	27.5x
Enterprise Value	71.06M 61.35M 57.55M 52.42M 98.57M 6.79B 99.94M 675M 264M 3.4B 267M 261M 11.32B	EV / Sales 2017	3.63x	EV / Sales 2018	2.04x
Free-Float	90.41%	Yield 2017	13.1%	Yield 2018	43.6%

20-03-04	International Petroleum Corporation completed the acquisition of Granite Oil Corp. from GMT Capital Corp. and others.	CI
20-01-19	International Petroleum Corporation entered into an arrangement agreement to acquire Granite Oil Corp. from GMT Capital Corp. and others for CAD 37.2 million.	CI
19-12-02	Granite Oil Corp. Announces Fall Borrowing Base Redetermination	CI
19-11-05	Granite Oil Corp. Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2019	CI
19-11-05	Granite Oil Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2019	CI
19-08-12	Granite Oil Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2019	CI
19-05-15	Granite Oil Corp. Announces Credit Facility Renewal	CI
19-05-08	Granite Oil Corp. Reports Unaudited Earnings and Operating Results for the First Quarter Ended March 31, 2019	CI
19-05-01	Granite Oil Corp. Announces Executive Changes	CI
19-05-01	Granite Oil Corp. Provides 2019 Well Test Results	CI
19-03-21	Granite Oil Corp. Reports Audited Earnings and Operating Results for the Year Ended December 31, 2018	CI
19-01-17	Granite Oil Corp. announced that it has received CAD 1.997171 million in funding from GMT Capital Corp.	CI
18-12-20	Granite Oil Corp. announced that it expects to receive CAD 1.56 million in funding from GMT Capital Corp.	CI

20-03-09	International Petroleum : IPC Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
20-03-06	Granite Oil : International Petroleum Corp. Announces Completion of Acquisition of Light Oil Assets in Southern Alberta	AQ
20-02-03	Granite Oil : Day Two Keynote Speaker, Charlie Riedl with CLNG, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
20-01-30	Granite Oil : Day One Keynote Speaker, Chris Wright, Announced for EnerCom Dallas Energy Investment Conference, February 11-12, 2020	PR
20-01-20	Granite Oil Corp. Agrees to Sale to International Petroleum Corporation For $0.95 Cash Per Share	GL

Granite Oil Corp. Stock

Stocks

GXO

CA38742A1003

Oil & Gas Exploration and Production

Valuation: Granite Oil Corp.

Latest news : Granite Oil Corp.

Press Releases: Granite Oil Corp.

Managers and Directors: Granite Oil Corp.

Latest insider transactions

Oil Exploration & Production - Onshore

Financials

Company Profile

Manager	Title	Age	Since
Michael Kabanuk CEO	Chief Executive Officer	55	2015-05-14
Jack Smith DFI	Director of Finance/CFO	-	2019-04-30
Devon Griffiths COO	Chief Operating Officer	-	2018-08-08

Director	Title	Age	Since
Martin Cheyne BRD	Director/Board Member	65	2007-01-23
Michael Kabanuk BRD	Director/Board Member	55	2015-05-14
Brendan Carrigy CHM	Chairman	65	2015-05-14

Date	Insider	Type	Main position	Quantity	% Market Cap.
3/20/20	GMT Capital Corp.	Option	Company	268,753	0.6933%
3/20/20	GMT Capital Corp.	Option	Company	1,489,222	3.8417%
3/20/20	GMT Capital Corp.	Option	Company	1,462,651	3.7732%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
GRANITE OIL CORP.	-.--%	+1.08%	-	-	26.28M
ATHABASCA OIL CORPORATION	+2.75%	+4.13%	+88.04%	+194.84%	3.66B
TOPAZ ENERGY CORP.	+0.72%	+1.24%	+24.17%	+41.46%	3.43B
PAREX RESOURCES INC.	+3.01%	+7.22%	+70.28%	+11.73%	1.84B
ZHONGMAN PETROLEUM AND NATURAL GAS GROUP CORP.,LTD.	+1.03%	+0.27%	+14.11%	+15.10%	1.52B
GREENFIRE RESOURCES LTD.	+7.60%	-2.16%	+38.34%	-38.94%	870M
SURGE ENERGY INC.	+5.00%	+8.16%	+58.32%	+35.40%	758M
PETRORECONCAVO S.A.	+0.47%	-0.56%	-16.43%	-52.62%	589M
LOGAN ENERGY CORP.	+2.74%	+12.50%	+40.62%	+12.50%	546M
CITIC RESOURCES HOLDINGS LIMITED	+1.02%	-2.94%	+17.86%	+26.92%	491M
Average	+2.44%	+5.06%	+37.26%	+27.38%	1.37B
Weighted average by Cap.	+2.36%	+4.91%	+47.79%	+64.38%

	2017	2018
Net sales	39.24M 33.87M 31.78M 28.94M 54.42M 3.75B 55.18M 373M 146M 1.88B 147M 144M 6.25B	32.46M 28.02M 26.29M 23.94M 45.02M 3.1B 45.65M 308M 121M 1.55B 122M 119M 5.17B
Net income	-5.51M -4.76M -4.46M -4.06M -7.64M -527M -7.75M -52.29M -20.49M -264M -20.68M -20.23M -878M	753K 650K 610K 555K 1.04M 72M 1.06M 7.15M 2.8M 36.07M 2.83M 2.77M 120M
Net Debt	35.68M 30.8M 28.9M 26.32M 49.49M 3.41B 50.18M 339M 133M 1.71B 134M 131M 5.69B	45.67M 39.43M 36.99M 33.69M 63.35M 4.37B 64.23M 434M 170M 2.19B 171M 168M 7.28B